Realtors are licensed professionals who help clients buy, sell, or rent real estate properties. They facilitate transactions, offer guidance, and provide market expertise.
While it’s not legally required, having a realtor can greatly simplify the process, save time, and potentially get you a better deal. Realtors have access to market data and negotiation skills that can be invaluable.
Your realtor will help you review and negotiate offers. They’ll advise you on how to respond, considering factors like price, contingencies, and the buyer’s qualifications.
Escrow is a neutral third party that holds funds and documents during a real estate transaction. They ensure that both parties fulfill their obligations before completing the sale.
A listing agreement is a contract between a seller and their realtor. It outlines the terms and conditions of the sale, including the asking price, commission, and the length of the agreement.
The time it takes to sell a property varies depending on market conditions, location, and the property itself. On average, it can take anywhere from a few weeks to several months.
An MLS is a database that realtors use to share information about properties for sale. It allows realtors to access a broader range of potential buyers and sellers, increasing the exposure of a property.
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